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*'New Notes And Coins To Eliminate Cash Barons'* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?zx The government says the injection of new $5 notes and $2 dollar coins within the next two weeks is aimed at easing cash shortages and eliminate the charging of premiums of up to 60 per cent for cash by cash barons. Finance and Economic Development Minister Mthuli Ncube explained that the new notes were not a new currency since Zimbabwe has that already. He said: ---------- itel A70 256GB $99USD WhatsApp: https://wa.me/263715068543 Calls: 0772464000 ---------- > We have that already. What is happening is a cash injection to deal with cash shortages and reduce arbitrage opportunities. The new currency was introduced on the 24th of June through Statutory Instrument 142. Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya had earlier told reporters that new notes and coins will not be inflationary as RTGS dollars will be removed from circulation as cash is issued. He said that the daily withdrawal limit will be reviewed after additional cash has been released. *More: The Herald* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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